Chatham Lodging Trust expected to post earnings of 7 cents a share - Earnings Preview

Chatham Lodging Trust

30/07/2021 19:17

* Chatham Lodging Trust  CLDT.N   CLDT.K  is expected to show a
rise in quarterly revenue when it reports results on August 3. 
* The West Palm Beach, Florida-based company is expected to
report   a 137.3% increase in revenue to $47.876 million from
$20.17 million a year ago, according to the mean estimate from 2
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Chatham Lodging Trust
is for a loss of 24 cents per share. For the same quarter last
year, the company reported a loss of 57 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Chatham Lodging
Trust is $16​, about 22.9% above​ its last closing price
of $12.33. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  -0.13       -0.13      -0.15     Missed  -13.2
 Dec. 31 2020  -0.18       -0.16      -0.18     Missed  -14.3
 Sep. 30 2020  -0.13       -0.14      -0.09     Beat    34.5​
 Jun. 30 2020  -0.46       -0.35      -0.26     Beat    26.8
 Mar.          0.22​       0.22       0.13      Missed  -40.2​
 31​ 2020​                                              
 Dec. 31 2019  0.30        0.30       0.32      Beat    5.8​
 Sep. 30 2019  0.57        0.57       0.60      Beat    5.3
 Jun. 30 2019  0.59        0.59       0.58      Missed  -1.7
 This summary was machine generated July 30 at 18:17 GMT.  All
figures in US dollars unless otherwise stated